In order to calculate the parlay payouts, you start by multiplying all of the decimal odds together. Then, you take this number and multiply it by your wager which will give you the total amount of money the sportsbook will give back to you. ... Most other sites will pay you at true odds or a little below.

How does a parlay bet payout?

A parlay is a single bet that links together two or more individual wagers for a high payout. A two-team parlay might pay 13/5, a three-team parlay might pay 6/1, a four-team parlay might pay 10/1, and so forth with the payouts getting higher with more teams or totals selected.

What do odds of +200 mean?

Getting odds at +200 can be extremely valuable if you are able to win the bet. For example, if you were to place a bet of $100 on a team with odds at +200 you would win $200 for that play. You would also get your $100 bet back, meaning that $300 would go back into your account.